Lower Inventory Does Not Mean Lowering Expectations

Despite La Jolla’s temperatures remaining close to perfect all year-round, there is no escaping the seasonal decorations and hustle and bustle of the holiday season. This time of year is filled with parties, events and family gatherings. As a result, you may not think this to be a wonderful time to buy a home, but it is in fact a particularly fantastic opportunity waiting for you.

Homeowners traditionally would wait out this busy season for a more opportune time to sell, however, in a market like ours beautiful high-end homes are usually waiting for the right buyer, and oftentimes relocation causes homeowners to sell at a moment’s notice. These situations and more leave you as a home buyer in an excellent place to find your perfect home.

Two huge reasons to buy this time of year come down to less competition from other buyers and the effects of lower housing inventories. As seen in the graph above, this time of year is usually a time of lower home inventories. However, lower inventories do not mean lesser options. There may be less homes on the market due to the time of year, but this increases your ability to negotiate the price due to less home buying competition.

Buyers take note about the opportunities this season provides instead of taking lower inventory as a negative. We are experts at finding the perfect home for you and believe this time of year is better than ever to find a dream home. Start your home search now and finish out 2014 in your new La Jolla property!